$RIVER Broken Structure, Weak Bounces
Entry Zone: $7.80 – $8.05
Stop Loss: $8.55
Targets:
TP1: $7.20
TP2: $6.10
TP3: $5.20
Why: Structure remains broken after a 42% weekly crash. Price trades below SMA7/30/200 with negative MACD and RSI near 40 . Volume expanded on selloffs strong supply dominance. Loss of $7 support could trigger fast liquidation toward $6 zone. Daily close above $8.5 invalidates the bearish setup.
Trade $RIVER 👇